CLO equity bids hit a new record as b-wic volumes soar
Bids for CLO equity hit new levels as b-wic volumes remain strong for a second consecutive day

$54 million CLO equity b-wic greeted by strong market demand
$54 million worth of CLO equity notes went on sale yesterday through an early morning b-wic and investors responded by snapping up all but one of the eight bonds available

Strong CLO returns pull in investors
Demand for US CLO equity has been robust for much of this year, and a look at some recent equity distributions highlights why

CFlux CLO equity index surges into the 60s on the back of a record trade
A positive tone stretched across the secondary market for CLOs last week with CLO prices beginning to tick higher

Huge CLO equity bid breaks a record on Creditflux's B-wic Tracker
A prized CLO equity position traded yesterday in the secondary market at a record breaking price

CLO equity floods the market as bids hit the highs and lows
A wide range of CLO equity poured onto the secondary market yesterday through two bid lists and bids reflected the variation between the bonds

US restaurant operator files for bankruptcy
A US restaurant operator with a $130 million high yield bond outstanding has filed for bankruptcy

$2 billion ABS CDO liquidation pencilled in for next month
The controlling class in a $2 billion CDO of ABS have directed the trustee to liquidate the transaction

Investors make the call on a 2003 CLO
Another CLO has joined the list of deals to be called so far this year

KKR CLO gets upsized by $200 million, three months after closing
KKR Financial CLO 2011-1 will now total $600 million

Morgan Stanley moves closer to pricing its second CLO of 2011
A $550 million CLO which has been sitting on the sidelines for over a year, looks set to price up in two weeks

US manager unleashes CLO equity into a thriving secondary market
The secondary CLO market has suddenly found itself at the epicentre of a ferocious storm as sellers inundate the calender with CLOs

GSC court brushes off Black Diamond bid tactic complaints
Minority investors in debt owed by bankrupt credit manager GSC Group have failed in their initial attempts to get the auction of GSC’s assets overturned

High yield volumes set to top 2009 total
2010 has proven to be a bumper year for new issuance and as Creditflux goes to press

Single B euro borrower WLTM bond buyers with GSOH for dividend fun
Auto parts supplier TMD Friction priced one of the riskiest LBO bonds of the past few years in the European high yield market last month

Supermarket operator files for chapter 11
Supermarket operator Penn Traffic filed for chapter 11 bankruptcy at the US bankruptcy court for the district of Delaware.

Asset manager offloads $3 billion of CDOs
A money manager sold off some $3 billion in face value of CDOs of ABS on Friday (19 June) in an auction due at 11:30 am, representing the largest known auction of cash ABS CDOs to date